Crown Holdings Earnings Call Transcripts
Fiscal Year 2026
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Adjusted EPS rose 11% year-over-year as net sales climbed 13%, driven by strong beverage can demand in Europe and Asia Pacific, offsetting softness in Brazil and higher North American costs. Guidance remains robust despite inflation and Middle East conflict headwinds.
Fiscal Year 2025
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Record adjusted EBITDA and free cash flow were achieved in 2025, with strong beverage can demand and robust growth in Europe offsetting softness in Brazil and Asia. 2026 guidance projects stable earnings and continued capital returns, with major capacity expansions in Europe and Brazil expected to drive future growth.
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Third quarter results exceeded expectations with strong European beverage growth and robust free cash flow, offsetting Latin American weakness. Full-year adjusted EPS guidance was raised, and the company remains committed to shareholder returns and disciplined capital allocation.
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Second quarter results exceeded expectations with record segment income, EBITDA, and free cash flow, driven by strong beverage and food demand. Full-year guidance was raised, and capital allocation remains focused on shareholder returns and growth projects.
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Earnings and segment income rose sharply year-over-year, with strong beverage and food can volumes and record EBITDA. Guidance was raised, but management remains cautious due to tariff and demand risks, while capital returns and operational performance remain robust.
Fiscal Year 2024
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Q4 2024 saw strong adjusted EPS and record EBITDA, driven by global beverage can growth and operational improvements. Free cash flow was robust, leverage declined, and guidance for 2025 remains positive, with continued focus on capital returns and operational efficiency.
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Strong Q3 results driven by global beverage volume growth and manufacturing efficiencies, with adjusted EPS up 15% sequentially and free cash flow ahead of last year. Guidance for full-year EPS and free cash flow was raised, while leverage and capital spending targets remain disciplined.
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Second quarter results exceeded expectations, with strong global beverage volume growth and improved margins driving higher segment income and record free cash flow. Full-year guidance was raised, and proceeds from the Eviosys sale are expected to support share repurchases and further deleveraging.